@punter45 highly doubt there would be any recovery.
gold small caps still in a massive bear market.
even a $2600 gold price isn't a good number
you have RED that released a FS for KOTH with a LOM AISC of $1415. they just issued a guidance for 2023 of up to $1950. & that isn't a reflection of what the new forecast LOM AISC is.
need gold $2800+ which i don't see it hitting and being sustained anytime soon
Rox the 3m oz gold bet, page-176
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| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $22.17K | 153.7K |
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| No. | Vol. | Price($) |
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| 7 | 279788 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 14.5¢ | 173670 | 4 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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| Last updated 15.57pm 14/06/2024 ? | |||||
| RXL (ASX) Chart |